The following is a 5-Year projection for the area. The 5-year projection includes the capital improvement fund.
| Full Facility | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Expenses | $888,206 | $905,970 | $933,149 | $961,143 | $989,977 |
| Revenue | $737,250 | $774,113 | $812,818 | $837,203 | $862,319 |
| ($150,956) | ($131,857) | ($120,331) | ($123,940) | ($127,659) | |
| Percentage w/Improvement | 83.0% | 85.4% | 87.1% | 87.1% | 87.1% |
| Improvement Fund | $38,352 | $76,704 | $115,056 | $153,408 | $191,760 |
| Shared Building Model | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Expenses | $671,031 | $684,452 | $704,985 | $726,135 | $747,919 |
| Revenue | $344,930 | $362,177 | $380,285 | $391,694 | $403,445 |
| ($326,101) | ($322,275) | ($324,700) | ($334,441) | ($344,474) | |
| Lease | $150,000 | $150,000 | $150,000 | $150,000 | $150,000 |
| Net | ($108,371) | ($94,805) | ($89,036) | ($96,207) | ($103,593) |
| Percentage w/ Improvement & Lease | 87.7% | 89.5% | 90.4% | 89.9% | 89.5% |
| Improvement Fund | $40,350 | $80,700 | $121,050 | $161,400 | $201,750 |
The Improvement Fund line is cumulative and illustrates the balance of that line item. It is called out in the chart but is factored in total expenses.
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